Employed Hobo: A new social class that originated in the United States of America. With an all but mythological middle class vanishing, a new class has been formed. Employed Hobos are in a quasi class of being employed yet "homeless" for all intents and purposes. Never truely owning anything besides their clothes, everything is rented because of low wages and price inflation. Their only true possesions, clothes, tend to be hand me downs, clothes they have had for at least a decade and still in use or aquired from thrift stores, garage sales and flea markets.

Look at John, an Employed Hobo. He's still wearing shirts he bought from Mervyn's ten years ago. He rents everything, his TV, car, apartment and even the toaster. He will never make enough to get out of the cycle of working to work.